What Are Metaverse Stocks?

Metaverse stocks are tech-based, rising stocks. For the long-term investor, this may be the moment to take a small holding. To give you a deeper understanding about Metaverse stocks, let me give you some examples:

Unity Software Inc. (U)

Unity Software Inc., a San Francisco-based developer of video game software, was established in 2004. There are a lot of engines for new Metaverse crypto currencies on the market, and one of them is made by Unity Technologies.

Hearthstone, Rust, Escape from Tarkov, Subnautica, and many more famous games were developed using Unity. The main competitor of Unity is Epic Games’ Unreal Engine.Because Epic Games is a privately owned company, its shares cannot be traded openly on stock markets.

In November, shares of Unity Software hit an all-time high of $200, but the company’s stock price has since dropped to $117. Unity’s share value is influenced by the Metaverse buzz, making it an excellent long-term investment for 2022–2023. As more Metaverse apps are made with Unity, there is little doubt that the platform will break its current record of $200.

Matterport (MTTR)

3D space capture has never been easier thanks to Matterport, which was established in 2011. Twin digital models can be created from real-world settings thanks to their shared platform.In the Metaverse, this technology is a must-have since it makes it possible for users to create, save, exchange, and interact with 3D models.

Real estate agents may use Matterport to produce higher-quality 3D representations of their current listings. Investors want to buy MTTR stock because the company has 3D imaging technology that could be used in Metaverse applications that haven’t been used yet.

MTTR is presently trading at $13, a significant drop from its November high of almost $33 per share. MTTR’s value has fallen significantly in the last two months, making it an attractive time to purchase. Matterport is heavily influenced by Metaverse hype, so investors should see it as a high-risk, high-reward investment opportunity.

Meta Platforms, Inc. (FB)

Meta Platforms Inc., formerly known as Facebook, is the king of Metaverse stocks. Even though Mark Zuckerberg didn’t develop the word “metaverse,” we owe him for bringing the Metaverse to the attention of the world.

We haven’t witnessed large price rises for Facebook’s shares since its Metaverse is still under development and its ecosystem is still in its early stages. During the November 2011 Metaverse bull run, Facebook’s shares fell from a high of $378 in September to a bottom of $306 in December.

The Metaverse is in its infancy at this point in time. Customers are still leery of virtual reality headsets like the Oculus Rift, which is just now starting to gain popularity. Meta’s value will rise significantly in the future years when mainstream VR and AR technology is adopted.

Even throughout this year’s bad market, Meta Platforms has held its value incredibly well and is a secure pick for Metaverse stock.

Where to Buy Metaverse Stocks?

Investors need a brokerage account to purchase stocks and ETFs. The best brokerages often let you open an account with no money down and trade for free with a bonus.

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